Coli career brehs: A salary question.

[iceberg_is_on_fire]

What's good brehs, a question. At my job, we were going to create a new job for our department in Finance. However, we decided against it ultimately. However, the work remains. We were going to pay 58K for the salary. About 72K with insurance as a compensation package. Anyways, I'm going to take on about 50% to 75% of the work. I was asked by my boss to give me a good percentage of this that we can take to HR and get incorporated into my salary. It's not so simple to say, 50% of the work = 50% of the pay. What should I realistically ask for and expect.

 

[无名的]

What do you make and how much will it take away from your normal responsibilities?

 

[JahFocus CS]

If you're taking on a majority of the work that the new position would've covered, in addition to your current responsibilities, I'd ask for a minimum of a $15K bump. Unless you love that job or need to stay there, I'd push the envelope a bit. Doesn't make sense to take on that much additional work and still be hovering around your same salary level. I'd ask for a significant bump and also be looking elsewhere in case they don't like that or decline to give it to me.

 

[NZA]

you say "we" decided against it. sounds more like they decided against it.

anyway, if you cant get a fair dollar for unit of work exchange then at least get your job title elevated. that way you will be on a higher career track if you leave this company

 

[Brown_Pride]

you say "we" decided against it. sounds more like they decided against it.

anyway, if you cant get a fair dollar for unit of work exchange then at least get your job title elevated. that way you will be on a higher career track if you leave this company

great advice.
Most work places operate on an "analyst" type of structure so at a minimum get your title changed to "analyst" if you're not already there. If you are there ask to be made a senor or principle analyst. On top of that just tell your boss it's a promotion so get a 20% bump on your current salary...at a minimum. I would do some research to as to what that type of job is being paid in your area.

Don't let them fuk you.

 

[Reginald Noble]

This is the exact reason I have job hopped early in my career.

They will try and pack on as much to you as possible without fair compensation.

Unfortunately once you get in the 100k range you'll have to make moves carefully because under law anyone that makes over 65-75k doesn't have as many legal or informal rights in terms of lunch, break and salaried hours.

 

[iceberg_is_on_fire]

you say "we" decided against it. sounds more like they decided against it.

anyway, if you cant get a fair dollar for unit of work exchange then at least get your job title elevated. that way you will be on a higher career track if you leave this company

No, I fought against it as well because I was asked if I could reasonably do most of the workload and I said yeah. We just got a new CFO and he's feeling things out. We have a need for it since our governmental grant revenue jumped from 6% to 14% annually. I've impressed him enough with my work for him to believe in me. They'll get someone for the position if I can't keep up. I don't see the need for that to happen though.

That said and you are correct, my title will go up to something else, it won't be regressive. Thing is, I'm probably not going to say in finance in the capacity that I am now. I took this job to learn finance as my MBA is in healthcare management. I'm at a health care company now but to help my ascension to the top, I wanted to learn how the books are done.

Thanks everyone for your advice. Always willing to listen.

 

[NZA]

No, I fought against it as well because I was asked if I could reasonably do most of the workload and I said yeah. We just got a new CFO and he's feeling things out. We have a need for it since our governmental grant revenue jumped from 6% to 14% annually. I've impressed him enough with my work for him to believe in me. They'll get someone for the position if I can't keep up. I don't see the need for that to happen though.

That said and you are correct, my title will go up to something else, it won't be regressive. Thing is, I'm probably not going to say in finance in the capacity that I am now. I took this job to learn finance as my MBA is in healthcare management. I'm at a health care company now but to help my ascension to the top, I wanted to learn how the books are done.

Thanks everyone for your advice. Always willing to listen.

in that case, maybe your pay should be whatever a person one step above you is making

 

[88m3]

17-24k depending on how much time you see it taking out of your life, more than that try and get them to increase your 401k match if possible to offset your taxes

 

[hashmander]

the health benefits your company offers is valued at $14k and they're already paying your health benefits so a savings of $14k for them on an additional employee before you even get to the potential new employee's salary. so don't take less than $14k. i'd be asking for close to $25k.

if they don't want to give a high amount (mid 20s) then i would just present them the $14k health savings in addition to 88m3 and NZA's recommendations about increased 401k match and better job title.

btw, what happens if they still have to hire this new employee because you all couldn't do the work?

 

[iceberg_is_on_fire]

the health benefits your company offers is valued at $14k and they're already paying your health benefits so a savings of $14k for them on an additional employee before you even get to the potential new employee's salary. so don't take less than $14k. i'd be asking for close to $25k.

if they don't want to give a high amount (mid 20s) then i would just present them the $14k health savings in addition to 88m3 and NZA's recommendations about increased 401k match and better job title.

btw, what happens if they still have to hire this new employee because you all couldn't do the work?

This is a case of where I'm willfully taking advantage of a situation. My current job is easy or rather, I've made it become easy, unbeknownst to everyone else. As an ERP, we use netsuite. Great program but you have to dig into it to get out of it. I'm the only one that has taken the time to do it. I've done that to great effect and my secret stays with me. I've found myself in the situation to where on paper, I do a lot but since a lot of what I do is excel based and I created the templates (no one knows of) and procedures and no one has a real clue on how to use excel like I do, the overwhelming thought to everyone is that my job is hard. All of that is purposeful. This new job is more of an extension of that, hence the reason I've leapt at this chance. My ultimate goal is to take this extra opportunity, get a new title and money and then skate out of there late 2017 so keeping up with this won't be a worry.

 

[ill]

This is a case of where I'm willfully taking advantage of a situation. My current job is easy or rather, I've made it become easy, unbeknownst to everyone else. As an ERP, we use netsuite. Great program but you have to dig into it to get out of it. I'm the only one that has taken the time to do it. I've done that to great effect and my secret stays with me. I've found myself in the situation to where on paper, I do a lot but since a lot of what I do is excel based and I created the templates (no one knows of) and procedures and no one has a real clue on how to use excel like I do, the overwhelming thought to everyone is that my job is hard. All of that is purposeful. This new job is more of an extension of that, hence the reason I've leapt at this chance. My ultimate goal is to take this extra opportunity, get a new title and money and then skate out of there late 2017 so keeping up with this won't be a worry.

Great job on locking down your job security

 

[iceberg_is_on_fire]

Great job on locking down your job security

Breh, I've never walked into a situation where it was this obvious to do. CFO is black, director of finance is black. No one is messing with me as long as my job is done. They don't know excel. Yeah, everyone can do vlookups and pivots but I'm far beyond that. Everyone, learn Excel!!! We as a company have been using netsuite for 2 years. Our Finance department, everyone has less than two years with the exception of our payroll clerk. When it comes to a monthly close, I could honestly be done with 95% of my job by the 8th of each month but I'm dumb enough to do that. I do the main bank reconciliations after journal entries and other things are entered into the system by others that I have to wait for.